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I think the most ethical thing to do is to help the most ethical companies trying to stay clean in a dirty economy. Surely there are good-enough ones in all countries and sectors. Makers of wind turbines, solar panels, batteries, cable, bicycles, electric vehicles (trains and trams!), etc. ASML, TSMC, Tuxedo, Fairphone, etc.

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electric_nan@lemmy.ml ⁨1⁩ ⁨week⁩ ago
I agree with you and your examples generally, but then that sounds like “active investing” which I have neither the time nor the “risk appetite” for.

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- Tehdastehdas@lemmy.world ⁨1⁩ ⁨week⁩ ago
  The activity can be limited: Once in about 5 years, buy a diversified portfolio of 30 companies in at least 10 countries on at least 2 continents in at least 3 unrelated industries, and forget for 5 years. It’s easy nowadays through many banks’ websites. Maybe prefer to buy in a depression and sell on a bubble if you’re feeling extra active.
  
  Between stock sprees, save into a regular savings account.
  
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- jpeps@lemmy.world ⁨1⁩ ⁨week⁩ ago
  On the topic of active investing, I’ve been led to believe there is some case for investing in brown/unethical companies (eg oil industry) on the basis that the investment only be used for green projects. Obviously this isn’t something an individual investor could do, but the principle is that a massive oil company like Shell could do more good with a large investment, bringing in large coordinated green programmes or just undoing their brown programmes, than that same investment split up into lots of smaller and newer green companies with different goals, lots of independent overhead etc.
  
  I’m as equipped to make the argument as I am able to enact it, but I think it’s an interesting thought at least.
  
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  - electric_nan@lemmy.ml ⁨1⁩ ⁨week⁩ ago
    Sure, if you or a consortium control a majority of voting shares, you can make the company do whatever you want. Doesn’t seem very realistic to me.
    
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